BNBCalc.com Investment Analysis Report of 445 Albany St, Ferndale, MI, 48220

4 bed • 2 bath • 12 guests • $287,500

BNB

Calc

Return Metrics

-2.85% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-2.85%

Cap Rate

5.98%

Return on Investment

12.08%

Annual Revenue

$35,502

AirDNA projects $180/night at 54% occupancy ($35,501). Airbtics projects $231/night at 57% occupancy ($48,091). Airbtics predicts this property will perform in the 47% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$26,922$44,417$71,296$117,262
Occupancy46%57%68%78%
Nightly Rate$151$201$274$397

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

4 Bedroom Craftsman in Historical Neighborhood
$75,286
$448
45%
43111$100❌❌❌N / Y⭐️ 5 (36)Profile

B

Super Cute Fenced Home WithNewAppliancesGrillBigTV
$13,828
$64
43%
4192$149❌❌❌N / Y⭐️ 4.8 (305)Profile

C

Luxury Home In Pleasant Ridge
$40,797
$305
35%
4381$175✅❌❌N / Y⭐️ 4.9 (43)Profile

D

*Best Neighborhood* - Zoo - Downtown Royal Oak
$139,221
$456
81%
43103$175❌❌✅N / Y⭐️ 5 (158)Profile

E

Big Modern Home Great for Families/Group *GameRoom
$33,653
$213
40%
43162$190❌❌❌N / Y⭐️ 5 (42)Profile

Operating Expenses

Monthly Expenses

$1,525

Annual Expenses

$18,295

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$996

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$296

Management & Platform Fees

$89

Platform Fee (i.e. Airbnb)

$89

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,616

Annual Mortgage & Tax

$19,392

Downpayment

Purchase Price

$287,500

Percent Down

20%

Total Downpayment

$57,500

Total Loan Amount

$230,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,379

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$237

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

-

Year built:

-

Size:

-

Type:

-

Parking:

-

Heating:

-

Property Details

  • MLS Status: N/A
  • Property Use:
  • Stories:
  • Lot size:-
  • Building area: -
  • Garage: -
  • Heating:
  • Pool: No
  • Fireplaces:
  • Basement:

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: No

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -

  • Market Estimate: -

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$13,645

Deductible property tax

$2,846

Est. Depreciation Value

$139,132

Profit on this property

$17,206

Your total deduction

$138,417

So, your new taxable income is your previous income minus your total deduction ($150,000 - $138,417)

$11,583

Your old tax bill

$45,000

Your new tax bill

$3,475

Estimated tax savings

$41,525

property-location

445 Albany St Ferndale, Michigan, 48220

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,379/mo

Agent

Inquire about this property

Contact Agent

$313,800

Zestimate

4

Airbnb Investor Score

-$2,185

Annual Profit

6.0%

Cap Rate

-2.9%

Cash on Cash

$35,502

Annual Revenue

BNBCalc predicts this property will get $231 per night with 57% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

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40

Airbnb Comparables

Identify properties similar to yours in terms of amenities and interior design. Then adjust your Occupancy Rate and Average Daily Rate to match.

Revenue per year

$0k

$100k

$195k

$300k

Sign up to see the data on 40 all comparables

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-2.85%

Cap Rate

5.98%

Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$13,645

Deductible property tax

$2,846

Your total deduction

$43,553

Your adjusted annual income

$150,000 - $43,553 = $106,447

Taxes on $106,447 (30%)

$31,934

Your old tax bill

$45,000

Your new tax bill

$31,934

Estimated tax savings

$13,066

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